RE:RE:RE:RE:RE:Looks like we've been found outHopefully everyone here is a hardened investor in new markets and penny stocks. To those who are new do not be discouraged and today is a great example of the kind of swings that can take place in a low volume enviroment. These bid/ask spreads are a factor of the low float. Look at the level 2 and you can see houses trading only 100 shares at a time. There is no one out there with 100K shares to just dump into a random low bid in an attempt to spook an algo to sell off a position.
Very strong hands here with almost %10 insider ownership and the majority under strong institutional control.
Groundwork being done on what will hopefully become one of the biggest companies in California.
I am also willing to go out and make the call right now that once US federal banking regulations change and a deschedule to 2 or lower, CRZ will be listed on a major US exchange.
Hopefully someone scored cheap in the 4.50-60 range today. I think that was our pull back and barring any sideways consolidation we should be good to carry momentum through next week.